If someone proposed a deal with me to control 60% of my company and I had the remaining 40% is that a good deal considering my company not bringing in enough revenue? Included in the deal are resources to media equipment and business training to help me become a stronger salesmen.

Realize that, if you give up more than 50% in your company, then effectively you are selling your company and it is no longer yours.

So, the other person doesn't have 60% of your company. You have 40% of his company. He calls the shots. You are a junior partner/employee.

Answered 3 years ago

Unlock Startups Unlimited

Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.

Already a member? Sign in

Copyright © 2020 LLC. All rights reserved.